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Term of the Day
BRIC ETF
Bretton Woods agreement
bricks and mortar
Definition
The
stocks
of Brazil, Russia, India and China make up the BRIC exchange-traded
funds
. BRIC
ETFs
create a diverse
portfolio
, and the countries involved have
strong
GDPs
. It is possible to
invest
in BRIC ETFs at the
local
level
or on the
European
or US
stock exchanges
.
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